1Spatial (LON:SPA) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Shares of 1Spatial Plc (LON:SPA) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 48.15 and traded as low as GBX 43.83. 1Spatial shares last traded at GBX 46, with a volume of 63,589 shares trading hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 95 target price on shares of 1Spatial in a research report on Monday, October 13th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, 1Spatial currently has a consensus rating of “Buy” and a consensus target price of GBX 95.

1Spatial Trading Up 4.5%

The company has a market capitalization of £51.38 million, a P/E ratio of 500.00 and a beta of 0.39. The stock has a 50 day moving average of GBX 49.04 and a 200-day moving average of GBX 48.15. The company has a current ratio of 1.14, a quick ratio of 0.63 and a debt-to-equity ratio of 23.20.

1Spatial (LON:SPA) last released its quarterly earnings data on Monday, October 13th. The company reported GBX (0.30) EPS for the quarter. 1Spatial had a net margin of 4.54% and a return on equity of 8.11%. On average, research analysts predict that 1Spatial Plc will post 2.5783133 EPS for the current year.

About 1Spatial

1Spatial plc is a global leader in providing Location Master Data Management (LMDM) software, solutions and business applications, primarily to the Government, Utilities and Transport sectors via the 1Spatial platform. Our solutions ensure data governance, facilitating the efficient, effective and sustainable operation of customers around the world.